Market Status Of China's Mold Manufacturing Industry
In recent years, due to the continuous improvement of China's industrialization, China has become a major mold manufacturing country and a major mold trading country in the world. The mold industry is highly related to many industries and involves a wide range of areas. The continuous development of the downstream market also drives the rapid development of my country's mold industry. Especially as the global manufacturing industry shifts to China, driving the upgrading of my country's manufacturing industry, it will also bring new growth opportunities to the mold industry. In 2016, the industrial mold market size of China's mold industry reached 416.96 billion dollar. Due to the impact of the epidemic, the market size of China's mold industry will decline in 2020, and its market size will be 395.16 billion dollar. It is expected that the market scale of china plastic mould factory will rebound in 2021, reaching 465.9 billion dollars.
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